World Business Council





ASIA

The Key Developers

ASIA, the world’s largest and most populous continent, is home to 49 nations with diverse cultures, languages, and economies. Asia’s economy has experienced remarkable growth in recent decades, driven by industrialization, technological advancements, and global trade, contributing over 40% of global GDP. China, Japan, and India are major economic powerhouses, with China alone accounting for around 18.6% of global GDP. Asia attracts significant foreign direct investment (FDI), with inflows reaching $619 billion in 2022. Despite vast economic disparities, Asia’s nations continue to collaborate, driving regional development and shaping global trends. Asia is a global leader in exports and imports, accounting for over 35% of global trade. Key exports include electronics, machinery, and textiles, while major imports cover raw materials and oil. Agriculture plays a crucial role, with rice, tea, and rubber being major products, supporting livelihoods and economies across the continent.

WBC Across Asia